Merlone Geier Partners

Merlone Geier Partners (“MGP”) is a private real estate investment firm focused on the acquisition, development and redevelopment of retail and mixed-use properties in California and other western states. MGP and its predecessor entity, M&H Realty Partners (“M&H”), have been actively investing in retail property in California since 1994. The firm has raised $1.6 billion of discretionary equity capital over the past 15 years and most recently closed on its ninth fund. MGP is managed by Peter J. Merlone and Bradley A. Geier.

Historically MGP and M&H have been active both as value add investors and as developers, with the focus shifting depending on market opportunities. From 1994 to 2002, M&H acquired, renovated and/or repositioned 50 retail properties aggregating nearly 10 million square feet of improvements. From 2003 to 2006 the firm sold virtually its entire portfolio and distributed the profits to its investors. During this sales cycle the firm also acquired two large land parcels and commenced entitlement for retail and mixed use development; those developments are ongoing.

In December 2006 MGP raised a $371 million fund (MGP VIII) but remained largely on the sidelines, acquiring one development parcel in downtown San Diego in 2007. In the late summer of 2008 the firm became an active acquirer again, deploying $180 million in a few months time including the acquisition of a 19-property portfolio from a failing S&L. Subsequently the firm raised $350 million for MGP IX, its current investment vehicle.

Merlone Geier Management

Merlone Geier Management (“MGM”) provides all management, leasing and construction services for all MGP and M&H funds. The MGM team consists of a seasoned group of real estate professionals with expertise in all areas of real estate investment, development, construction, leasing, finance and management.

MGM has principal offices in San Francisco and San Diego as well as regional offices in Los Angeles, Sacramento and Reno.